SNDL Inc. (SNDL)

SNDL Inc. Cash Flow Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-10.98	-15.77	-94.8	-172.66	-335.11	-226.98
Depreciation & Amortization	55.3	55.37	55.79	64.06	46.64	10.16
Other Amortization	0.9	0.9	0.92	0.89	0.68	-
Loss (Gain) From Sale of Assets	0.2	0.18	0.37	0.35	0.09	-0.24
Asset Writedown & Restructuring Costs	0.46	2.62	17.32	54.97	196.03	60
Loss (Gain) From Sale of Investments	-0.58	-0.38	0.66	12.58	101.64	47.8
Loss (Gain) on Equity Investments	-1.29	3.67	76.17	-6.76	44.66	-17.89
Stock-Based Compensation	13.13	13.91	20.04	15.4	9.67	12.31
Other Operating Activities	9.19	8.99	-14.11	43.09	-48.95	-41.06
Change in Other Net Operating Assets	0.28	1.43	-7.45	-32.88	-22.07	0.15
Operating Cash Flow	66.61	70.92	54.91	-16.65	-6.71	-155.75
Operating Cash Flow Growth	12.14%	29.14%	-	-	-	-
Capital Expenditures	-13.86	-12.81	-8.62	-7.85	-10.67	-3.79
Sale of Property, Plant & Equipment	0.74	0.81	0.73	1.21	4	0.19
Cash Acquisitions	-5.9	-3	-39.64	3.7	-28.64	-82.78
Sale (Purchase) of Intangibles	-	-	-2.4	-0.09	-0.2	-
Investment in Securities	8.44	33.85	67.31	-25.82	-194.74	-409.29
Other Investing Activities	-0.5	-1.4	0.38	4.03	0.07	-0.61
Investing Cash Flow	-11.08	17.45	17.76	-24.82	-230.16	-496.28
Long-Term Debt Repaid	-	-39.25	-36.95	-41.01	-37.69	-10.36
Total Debt Repaid	-41.79	-39.25	-36.95	-41.01	-37.69	-10.36
Net Debt Issued (Repaid)	-41.79	-39.25	-36.95	-41.01	-37.69	-10.36
Issuance of Common Stock	-	-	-	-	0.02	1,182
Repurchase of Common Stock	-9.89	-15.35	-13.22	-1.54	-13.39	-
Other Financing Activities	0.83	0.11	0.81	-0.53	9.27	-21.55
Financing Cash Flow	-50.85	-54.49	-49.36	-43.08	-41.79	1,150
Foreign Exchange Rate Adjustments	-	-	-	-	-	-0.01
Net Cash Flow	-7.46	33.88	23.32	-84.55	-278.67	497.88
Free Cash Flow	52.75	58.11	46.3	-24.49	-17.38	-159.55
Free Cash Flow Growth	2.09%	25.50%	-	-	-	-
Free Cash Flow Margin	5.63%	6.14%	5.03%	-2.69%	-2.44%	-284.25%
Free Cash Flow Per Share	0.20	0.23	0.17	-0.09	-0.08	-0.86
Levered Free Cash Flow	33.25	69.32	16.11	3.41	-107.14	-15.61
Unlevered Free Cash Flow	37.95	74.02	20.92	8.36	-103.45	-15.13
Change in Working Capital	0.28	1.43	-7.45	-32.88	-22.07	0.15

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q